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Economy and Policy

Economy and Policy latest

DP World and Arcapita’s Lintara Break Ground on 20,000 Sqm Logistics Centre in Jafza
June 30th, 2026 - 07:44 GMT

DP World and Arcapita’s Lintara Break Ground on 20,000 Sqm Logistics Centre in Jafza

DP World and Lintara Properties, the real estate development platform of Arcapita Group Holdings Limited ("Arcapita"), have broken ground on a new 20,000 square metre build-to-suit logistics centre in Jebel Ali Free Zone (Jafza). The Grade A facility is being developed by Lintara Properties and will be operated by DP World as part of its integrated, end-to-end supply chain network in the region. Construction is expected to conclude in Q1 2027. The new facility will feature approximately 12-metre clear height storage, temperature-controlled areas, dedicated dangerous goods storage, supporting office space ...
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Saudi Arabia will be applying a new tax on expats' dependents starting from July 1. (Reuters)
July 6th, 2017 - 10:23 GMT

Is the Expat Tax Bad for Saudi Arabia's Economy?

Moody's. (File photo)
July 5th, 2017 - 08:24 GMT

Moody's Changes Qatar's Rating Outlook From Stable to Negative

Saudi Arabia began collecting fees from expats and their dependents on July 1, 2017. (File photo)
July 4th, 2017 - 12:33 GMT

Saudi Arabia: New Expat Tax to Generate $709 Million in 2017-2018

Share prices scroll across a screen hanging in a Paris stock exchange. (Eric Piermont/ AFP)
July 4th, 2017 - 12:00 GMT

European Stocks Tumble on North Korea's Missile Test Announcement

Job creation has stagnated in the UAE’s non-oil private sector, according to a report by Emirates NBD. (File photo)
July 4th, 2017 - 08:14 GMT

How's the UAE Job Market Doing? Not so Well, According to This Report

Turkey's annual inflation rate falls to a four-month low, according to a report. (File photo)
July 3rd, 2017 - 11:29 GMT

Turkey's Inflation Falls to Four-Month Low in June: Report

The new tax came into force on Saturday. (AFP/ File)
July 3rd, 2017 - 10:43 GMT

Saudi Arabia's Residents Feel the Pinch of New Expat Tax

Traders monitor screens displaying stock information at Qatar Stock Exchange in Doha on June 5, 2017. (Reuters)
July 3rd, 2017 - 09:10 GMT

Qatar Exchange Drops 4 Percent as Gulf Deadline Looms

The Goods and Services Tax (GST) will launch in India on July 1. (AFP)
July 2nd, 2017 - 11:12 GMT

Meet the Man Responsible for India's GST Implementation

Eng. Mahmood Al Bastaki, CEO of Dubai Trade
July 2nd, 2017 - 05:41 GMT

Dubai Trade Launches LogiGate Smart App for Land Transportation and Warehousing

Egypt has announced up to 55 percent increase in fuel prices effective June 29, 2017. (AFP/ File)
June 29th, 2017 - 09:48 GMT

Egypt Cuts Fuel Subsidies, Raises Prices by up to 55 Percent

Divisions over proposed taxes to finance public sector's salary hikes in Lebanon might delay or even scuttle the motion. (AFP/ File)
June 29th, 2017 - 07:09 GMT

Lebanon: Divisions Over Taxes Delaying Salary Hikes for Public Sector

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